Canadian Natural rockets 10% after snapping up oilsands assets from 'motivated' sellers

'It cost us less than it cost to build Horizon [oilsands mine],' Canadian Natural Resources Ltd. CEO Steve Laut said of the $12.7 billion deal

Suncor takes control of Syncrude in $937M deal for additional five per cent stake
Statoil's exit is the starkest sign yet that Canada's oilsands resource has lost its lustre

Canadian crude just got a lot more Canadian as another global giant bails on the oilsands

Shell's sale of its Alberta assets today comes less than a month after two other major players pulled billions of barrels of Canadian oil from their reserves

‘Innovate or die’: Retail innovation labs has Canada’s largest retailers testing new tech, products

Leaders from the innovation business units at Sears and Lululemon said at Dx3 it’s critical that test labs work in tandem with the strategies of the central retail business

Oilsands business ‘no longer a strategic fit for Shell’ as layoffs loom for some staff

Shell had announced it would shift its focus to shale oil and gas plays and renewables over the long run and, in the short term, divest US$30 billion worth of assets

Marijuana stocks get bounce after dispensary raids throughout the country

Marijuana activists were arrested and a series of Cannabis Culture dispensaries not licensed to sell medical marijuana were raided in Vancouver, Ottawa and Toronto Thursday

Here's why trade deficits matter to Trump's team, despite what economists say

Lawrence Solomon: Enormous trade imbalances, like the U.S. has been accumulating, point to a sickness in the country’s economy

Telcos square off over traffic pumping after allegations of gaming the system

Canada's telecom providers are arguing over the need for regulations to stop traffic pumping, a practice associated with free conference call lines and adult entertainment lines

Canada’s banks and lifecos launch fund of up to $1 billion to help businesses grow

The Canadian Business Growth Fund will look to invest the full amount over 10 years, with an expected initial commitment of more than $500-million

Catherine McKenna says federal government’s top priority is U.S. trade

Canada sends 75 per cent of its exports to the United States, and U.S. President Donald Trump's vow to renegotiate NAFTA could negatively affect the country's economy

Financing prospects brighten as banks search for next ‘little star’

Commodities

Investing

This manager’s 32% return beat every fund in Canada with his gold play. Here’s what he’s into now

Chris Beer made a fortune by scooping up smaller, growth-oriented gold companies. Now he thinks energy and metals are the better play. Here are his picks

Trading Desk

Dimon says Trump has reawakened ‘animal spirits’ in the U.S.

Jamie Dimon said President Trump's economic agenda has ignited U.S. business and consumer confidence and he expects at least some of the administration's proposals to be enacted.

FP Street

IAMGOLD joins a select group, raises less than anticipated

It’s not the first time but it’s a far cry from the norm where an issuer attracts more than enough demand to allow a bond offering to be upsized

Tech Desk

Telcos square off over traffic pumping after allegations of gaming the system

Canada's telecom providers are arguing over the need for regulations to stop traffic pumping, a practice associated with free conference call lines and adult entertainment lines

FP Entrepreneur

Why holding on to equity can be more strategic than raising startup investment

Here's how three startups broke through without giving up any ownership

Young Money

These apps can help you save money and get financially organized

Whether you’re looking for help budgeting or needing to organize your grocery shopping, there’s an app to help you with that

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Property Post

‘They are real people who do vote’: Airbnb CEO offers property hosts bigger role in company

'Our community (of hosts) is able to be a counterweight to the historic power of the hotel industry'

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Legal Post

Personal Finance

Overweight real estate and underweight income, couple needs to diversify before retirement hits

Selling the cottage B.C. pair uses only two weeks out of the year would provide vital extra cash and some wiggle room for the unexpected

FP CIO

Security vendor RSA introduces new strategy for businesses to take on digital challenges

During his keynote at the 2017 RSA Conference, CTO Zulfikar Ramzan told the crowd that any enterprise has to be a joint venture between business and security

FP Comment

Global Investor

‘Impatient’ markets clamour for details on taxes from Trump’s not-quite state-of-the-union address

Trillions in gains are riding on U.S. president's promise to cut taxes though some argue strong earnings and recovering U.S. growth are also supporting stocks

FP Energy

Canadian Natural rockets nearly 10% after snapping up oilsands assets at 40% discount from ‘motivated’ sellers

'It cost us less than it cost to build Horizon [oilsands mine],' Canadian Natural Resources Ltd. CEO Steve Laut said of the $12.7 billion deal

Retail & Marketing

‘Innovate or die’: Retail innovation labs has Canada’s largest retailers testing new tech, products

Leaders from the innovation business units at Sears and Lululemon said at Dx3 it’s critical that test labs work in tandem with the strategies of the central retail business

Mortgages & Real Estate

‘It’s terrible, it’s just discouraging’: Desperation sets in for house hunters in red-hot Toronto market

With a market outpacing New York and San Francisco in price growth — with just a fraction of the housing stock — Toronto is becoming a nightmare for prospective home buyers